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May 2, 2013

Danville retail site sold back to bank

(Continued)

When Rizzo asked for a year’s extension, he was given six months. He said he owed about $1.2 million but the bank wanted immediate payment. People’s representatives have refused to comment. About $12,000 in back taxes is owed on the property, St. Jean said.

Rizzo proposed building the 50,000-square-foot Crown Plaza. The project called for construction of a restaurant and lounge, a midsize grocery store, dry cleaning shop, Chinese takeout restaurant, pharmacy, a gas station and convenience store on 37.7 acres.

An adjacent 300,000-square-foot retirement community, The Royal Crest of Danville, was expected to serve more than 200 people on a second, 11.3-acre site. The project included a medical clinic, which received conditional approval from the town Planning Board in September 2011. The two properties are assessed at $216,900.

Ozzir worked closely with town officials, including selectmen and the Planning Board, according to Selectmen’s Chairman Shawn O’Neil.

“The town put a lot of time into this,” O’Neil said previously. “I thought it would be a great project for the town.”

There were no town officials at the auction.

Some people, like Michelle Rohulich, 60, of Kingston, weren’t interested in buying the land. She just wanted to see the auction.

“It seemed like a good idea,” she said of the project. “It will be interesting to see what happens to it.”

Abutters Ray Kibbee, 71, and his wife, Carol Johnson, were prepared to put down a $25,000 deposit on the property but held off when they heard the asking price.

“That made our decision easy,” Johnson said.

The Kacie Lane couple hoped to purchase the land as an investment but didn’t want to spend more than $260,000. When Droznick offered $560,000, they concluded the bidding was just too rich for them.

“That’s about double what we wanted to pay,” Kibbee said. “I’m disappointed.”

The couple said it will only be a matter of time before the site is sold to a developer.

“Something is going to go in there at some point,” Kibbee said.

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